All transactions of recoveries, withdrawals, repayments, etc., under this Scheme shall be rounded off to the nearest rupee and for this purpose any amount of fifty paisa or more shall be treated as one rupee and any amount less than fifty paisa shall be ignored.
Section 15: Rounding off transactions
National Savings Recurring Deposit Scheme 2019Central Rules · 1873
Where this provision sits
| Act | National Savings Recurring Deposit Scheme 2019 |
|---|---|
| Section | 15 |
| Marginal note | Rounding off transactions |
| Jurisdiction | Central |
| Status | In force as published by the source |
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